Comparing Electric Cars To Gas Cars

Update: I’ve changed the images below to only show the first 8 years of ownership, since the warranties for batteries tend to end at 8 years, and we have no good idea of what an EV battery will cost in 8 years, nor for how long the batteries will actually last.

So,… when I ran my comparisons of a Ford Focus Electric and Ford Focus S the other day, I thought the Ford Focus S was the most similar non-electric model to the Ford Focus Electric. Woops. After some discussions with readers, it seems the more appropriate comparison (for current Ford Focus options) is the Ford Focus ST, which has a base price of $23,700.

Additionally, readers seemed to make good arguments that maintenance costs really need to be included in these comparisons. So, without running through all the text in this post that I included in the other one, let’s quickly jump to some comparisons based on a similar variety of assumptions but with these changes incorporated (followed by a bunch of other considerations, mostly brought up by readers, that you really should consider):

Ford Focus Electric vs Ford Focus ST

Two assumptions that stay constant below are that the Ford Focus Electric has a combined MPGe rating of 105 and the Ford Focus ST has a combined MPG rating of 22. I also keep constant the assumption that average additional maintenance costs per mile (for the Ford Focus ST) = 4¢. Also, figures listed below are for the total cost at the end of the year. These factors as well as the ones I change below can be changed in this spreadsheet.

Example 1

Assumptions:

average miles driven per year = 20,000

average price of electricity when charging your EV = 12¢/kWh

average price of gas per gallon = $4.50

tax rebates = $10,000

Result: start saving money in year 2 (not including health savings and the many other factors listed at the end of this post).

Example 2

Assumptions:

average miles driven per year = 13,476

average price of electricity when charging your EV = 12¢/kWh

average price of gas per gallon = $3.50

tax rebate = $7,500.

Result: start saving money in year 5 (not including health savings and the many other factors listed at the end of this post).

Example 3

Assumptions:

average miles driven per year = 20000

average price of electricity when charging your EV = 12¢/kWh

average price of gas per gallon = $3.50

tax rebates = $10,000.

Result: start saving money near the end of year 2 (not including health savings and the many other factors listed at the end of this post).

Example 4

Assumptions:

average miles driven per year = 13476

average price of electricity when charging your EV = 6¢/kWh

average price of gas per gallon = $5.00

tax rebate = $7,500

Result: start saving money in year 3 (not including health savings and the many other factors listed at the end of this post).

Example 5

Assumptions:

average miles driven per year = 15,000

average price of electricity when charging your EV = 12¢/kWh

average price of gas per gallon = $4.50

tax rebate = $10,000

Result: start saving money in year 2 (not including health savings and the many other factors listed at the end of this post).

Some Financial Factors Not Included

Sales tax (varies by state), interest rate if not buying the car up-front, availability of free EV charging, purchase of Level 2 EV charger, healthcare savings, depreciation rates, insurance rates, eventual need to replace/exchange the battery (after 8-12 years), state or local tax incentives (except in the last scenario) — I know some states offer an extra $2,500 off. To play with a spreadsheet that allows some modification of those, this Nissan Leaf driver has one you can download.

Other, Non-Financial Factors

Now, as one of our readers noted, many (or even most) people don’t simply choose a car based on price. Surely, price is normally a factor, but not always the most important factor. Here’s a list of pros and cons for an EV versus a gasoline-powered car:

Pros

Super quiet.

Smoother ride.

Ridiculous torque.

Not have to worry about gas price swings/jumps.

Ability to fuel at home (never visit a gas station again) — big time cost savings there (and also savings from not buying snacks at the gas station, one of our readers noted).

Better health from not being as exposed to pollutants.

Not having to mess with oil changes, smog checks, timing belts, etc.

Helping the world (including your children and grandchildren) by fighting global warming.

Related

About the Author

Zach is the director of CleanTechnica, the most popular cleantech-focused website in the world, and Planetsave, a world-leading green and science news site. He has been covering green news of various sorts since 2008, and he has been especially focused on solar energy, electric vehicles, and wind energy since 2009.
Aside from his work on CleanTechnica and Planetsave, he's the founder and director of Solar Love, EV Obsession, and Bikocity.
To connect with Zach on some of your favorite social networks, go to ZacharyShahan.com and click on the relevant buttons.

.12 cents a kw ? Maybe if your in Hawaii. Im paying .07 cents normally, and most cities offer deals for those who EV cars, im paying .04 cents a KW. As far as the charger, there is a federal rebate till Dec 2013, which for personal you get $1000 back and for business a max of $30,000. (With my Focus Electric im getting 88-91miles on a charge)